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Grand Union News

16 Jan 2014

Charity Barge Fined for Safety Violations

Photo from the charity's Twitter account

The charity Beauchamp Lodge Settlement has been ordered to pay £3,330 in fines and costs after pleading guilty to operating a passenger vessel in London without a valid Passenger Certificate, the U.K. Maritime and Coastguard Agency reported. The vessel Beauchamp is a barge operated by the charity as a floating classroom for children and young people. It can also be hired for events, such as parties and weddings, and is capable of carrying up to 80 passengers as it travels along the Grand Union Canal.

03 Dec 2013

Today in U.S. Naval History: December 3

USS Tuscaloosa (CA-37) Official U.S. Navy Photograph, now in the collections of the National Archives.

Today in U.S. Naval History - December 3 1775 - Lt. John Paul Jones raises the Grand Union flag on Alfred. First American flag raised over American naval vessel. 1940 - President Franklin D. Roosevelt embarks on USS Tuscaloosa (CA-37) to inspect bases acquired from Great Britain under Destroyer-for Bases agreement. 1983 - Two F-14s flying over Lebanon were fired upon. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.

02 Dec 2010

This Day in U.S. Naval History – December 3

1775 - LT John Paul Jones raises the Grand Union flag on Alfred. First American flag raised over American naval vessel. 1940 - President Franklin D. Roosevelt embarks on USS Tuscaloosa (CA-37) to inspect bases acquired from Great Britain under Destroyer-for Bases agreement. 1983 - Two F-14s flying over Lebanon were fired upon. (Source: Navy News Service)

16 Nov 2010

This Day in U.S. Naval History – November 16

1776 - First salute to an American flag (Grand Union flag) flying from Continental Navy ship Andrew Doria, by Dutch fort at St. Eustatius, West Indies. 1856 - Barrier Forts reduction began at Canton China. 1942 - Navy's first Night Fighter squadron (VMF(N)-531) established at Cherry Point, NC. 1963 - President John F. Kennedy on USS Observation Island witnesses launch of Polaris A-2 missile by USS Andrew Jackson (SSBN-619). 1968 - Operation Tran Hung Dao began in Mekong Delta. 1973 - Launch of Skylab 4 under command of LTC Gerald P. Carr, USMC. The missions lasted 84 days and included 1,214 Earth orbits. Recovery by USS New Orleans (LPH-11). (Source: Navy News Service)

07 Apr 2010

NewLead Dropdown of Six Vessels

NewLead Holdings Ltd. (NASDAQ:NEWL) announced it has completed the dropdown of six vessels (four drybulk vessels and two product tankers) and Newlead Shipping S.A., an integrated technical and commercial management company, from Grandunion Inc. In connection with this transaction, NewLead transferred to Grandunion 8,844,444 shares of NewLead's common stock and assumed existing liabilities. Michael S. Zolotas, President and Chief Executive Officer of NewLead Holdings Ltd., stated, "The successful closing of this transaction is another step in transforming NewLead Holdings. The six vessels have quality time charters and are expected to add approximately $19.4m in EBITDA annually." Zolotas continued, "Newlead Shipping S.A.

03 Dec 2009

This Day in Naval History - Dec. 3

1775 - LT John Paul Jones raises the Grand Union flag on Alfred. First American flag raised over American naval vessel. 1940 - President Franklin D. Roosevelt embarks on USS Tuscaloosa (CA-37) to inspect bases acquired from Great Britain under Destroyer-for Bases agreement. 1983 - Two F-14s flying over Lebanon were fired upon. (Source: Navy News Service)

16 Nov 2009

This Day in Naval History – Nov. 17

1776 - First salute to an American flag (Grand Union flag) flying from Continental Navy ship Andrew Doria, by Dutch fort at St. Eustatius, West Indies. 1856 - Barrier Forts reduction began at Canton China. 1942 - Navy's first Night Fighter squadron (VMF(N)-531) established at Cherry Point, NC. 1963 - President John F. Kennedy on USS Observation Island witnesses launch of Polaris A-2 missile by USS Andrew Jackson (SSBN-619). 1968 - Operation Tran Hung Dao began in Mekong Delta. 1973 - Launch of Skylab 4 under command of LTC Gerald P. Carr, USMC. The missions lasted 84 days and included 1,214 Earth orbits. Recovery by USS New Orleans (LPH-11). (Source: Navy News Service)

15 Nov 2009

This Day in Naval History – Nov. 16

1776 - First salute to an American flag (Grand Union flag) flying from Continental Navy ship Andrew Doria, by Dutch fort at St. Eustatius, West Indies. 1856 - Barrier Forts reduction began at Canton China. 1942 - Navy's first Night Fighter squadron (VMF(N)-531) established at Cherry Point, NC. 1963 - President John F. Kennedy on USS Observation Island witnesses launch of Polaris A-2 missile by USS Andrew Jackson (SSBN-619). 1968 - Operation Tran Hung Dao began in Mekong Delta. 1973 - Launch of Skylab 4 under command of LTC Gerald P. Carr, USMC. The missions lasted 84 days and included 1,214 Earth orbits. Recovery by USS New Orleans (LPH-11). (Source: Navy News Service)

20 Oct 2009

Greek Shipowners Support Korean Register

Over 70 Greek shipowners supported the Korean Register of Shipping’s (KR) 5th Hellenic Committee meeting held in Athens on October 15. Chaired by Adam Polemis, this important gathering meets annually to discuss KR’s performance and to guide the classification society to further its twin aims of ensuring quality shipping and safeguarding the natural environment in which its vessels operate. Senior representatives from the Athens shipping community heard how KR’s classed fleet had continued to grow year-on-year and had now reached 38.2 million gt comprising 2,393 vessels. At the same time, the quality of the KR fleet had also improved significantly.

15 Oct 2009

Grandunion Controls Aries Maritime Transport

Aries Maritime Transport Limited (NASDAQ:RAMS) announced that Grandunion Inc., a company controlled by Michail S. Zolotas and Nicholas G. Fistes, acquired 18,977,778 newly issued common shares in Aries in exchange for three capesize drybulk carriers. Of such shares, 2,666,667 were transferred to Rocket Marine Inc., a company controlled by two former directors and principal shareholders in Aries, in exchange for Rocket and its affiliates entering into a voting agreement with Grandunion. Under this voting agreement, Grandunion controls the voting rights relating to the shares owned by Rocket and its affiliates. Grandunion now owns approximately 34.2% of Aries and, as a result of the voting agreement controls the vote of approximately 71% of Aries' outstanding shares.

30 Jun 2009

Grandunion Signs LOI for Aries

Grandunion, Inc., a company controlled by Michael Zolotas and Nicholas Fistes, announced that it has entered into a letter of intent with Aries Maritime Transport Limited (NASDAQ:RAMS) that contemplates, among other things, the acquisition of three Capesize drybulk carriers with an approximate net asset value of $36m in exchange for 15,977,778 newly issued shares of Aries, and a change of control of the company's Board of Directors. Upon closing the transaction, Fistes would serve as the Chairman of the Board of Directors, and Zolotas would serve as member of the Board and President of the company. Grandunion would also designate the Chief Financial Officer of the company and four out of seven members of the Board (including Fistes and Zolotas).

03 Dec 2008

This Day in Naval History – Dec. 3

1775 - LT John Paul Jones raises the Grand Union flag on Alfred. First American flag raised over American naval vessel. 1940 - President Franklin D. Roosevelt embarks on USS Tuscaloosa (CA-37) to inspect bases acquired from Great Britain under Destroyer-for Bases agreement. 1983 - Two F-14s flying over Lebanon were fired upon. (Source: Navy News Service)

18 Sep 2008

Livanos to be Remembered at World Maritime Day Event

The North American Marine Environment Protection Association (NAMEPA) will posthumously honor George P. Livanos; and his protégés will pay tribute to their mentor at the first North American Marine Environment Protection Association (NAMEPA) Awards Dinner being held in conjunction with the 2008 World Maritime Day Observance on October 23rd. George P. Livanos was the founder of the MEPA Movement just over 25 years ago. George P. Livanos (1926-1997) was born in . During World War II, he served in the American army in . In 1946, he received a degree in economics from the of and in 1949 founded his own company, Ceres Hellenic Shipping Enterprises, Ltd. of . George P.

15 Sep 2008

NAMMA and NAMEPA to Host World Maritime Day Observance in NY

Organized by the North American Marine Environment Protection Association (NAMEPA) and the North American Maritime Ministry Association (NAMMA), World Maritime Day Observance will be held in on October 23th at the Union League Club. This event will be the third World Maritime Day Observance held in the United States, which will be hosting the parallel World Maritime Day event in 2009. This year’s theme is “IMO: 60 years in the service of shipping”, which follows previous years’ focus on environmental issues. NAMEPA joins the North American Maritime Ministry Association in hosting the event which commences with a worship service at Church of our Saviour on , followed by a luncheon presentation of NAMMA’s annual Seafarer Salute and Joe Gerson Humanitarian Awards at the Union League Club.

16 Nov 2007

This Day in Navy History

Nov. 16: 1776 - First salute to an American flag (Grand Union flag) flying from Continental Navy ship Andrew Doria, by Dutch fort at St. Eustatius, West Indies. 1856 - Barrier Forts reduction began at Canton China. 1942 - Navy's first Night Fighter squadron (VMF(N)-531) established at Cherry Point, N.C. 1963 - President John F. Kennedy on USS Observation Island (AG 154) witnesses launch of Polaris A-2 missile by USS Andrew Jackson (SSBN-619). 1968 - Operation Tran Hung Dao began in Mekong Delta. 1973 - Launch of Skylab 4 under command of Lt. Col. Gerald P. Carr, USMC. The mission lasted 84 days and included 1,214 Earth orbits. Recovery by USS New Orleans (LPH-11) [Source: http://www.news.navy.mil]